WOW!!!! your chance to own a home in Palm City for 398,900!!!!!Welcome to Ibis Point an all age community, located within the manned gated community of Martin Downs. This immaculate 3 bedroom, 2 bathroom, 2 car garage home features a new Electrical Panel 2025, new AC 2024, a spacious updated kitchen with stainless steel appliances and remodeled bathrooms, new plantation shutters, ceiling fans and premium water resistant wood based laminate floors! Enjoy serene views of the lake from your patio. Optional memberships are available which would allow access to pools, tennis, pickleball courts, and other recreational features.
Sold for $370,000
$370,000
3461 SW Bobalink Way, Palm City, FL 34990
3beds
1,711sqft
Single Family Residence
Built in 1986
4,965 Square Feet Lot
$373,100 Zestimate®
$216/sqft
$3,097 Estimated rent
Home value
$373,100
$332,000 - $418,000
$3,097/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Carol Shea 352-229-1187,
Robert Slack LLC
Bought with:
Burt Hogan, 3313783
RE/MAX Gold
Source: BeachesMLS,MLS#: R11064854
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 182
- Dimensions: 14 X 13
Primary bedroom
- Level: Main
- Area: 182
- Dimensions: 14 X 13
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 X 12
Bedroom 2
- Level: Main
- Area: 144
- Dimensions: 12 X 12
Bedroom 3
- Level: Main
- Area: 143
- Dimensions: 13 X 11
Bedroom 3
- Level: Main
- Area: 143
- Dimensions: 13 X 11
Kitchen
- Level: Main
- Area: 42
- Dimensions: 14 X 3
Kitchen
- Level: Main
- Area: 42
- Dimensions: 14 X 3
Living room
- Level: Main
- Area: 126
- Dimensions: 14 X 9
Living room
- Level: Main
- Area: 126
- Dimensions: 14 X 9
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Washer
- Laundry: Inside
Features
- Breakfast Area, Main Level Primary, Walk-In Closet(s)
- Flooring: Laminate
- Windows: Plantation Shutters
Interior area
- Total structure area: 2,210
- Total interior livable area: 1,711 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Entry Level Living Area Y
- Patio & porch: Patio
- Exterior features: Outdoor Living Area
- Pool features: Association
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 4,965 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 133840013000008809
- Zoning: RES
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Block
- Roof: Barrel
Condition
- Resale
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: 3 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Home Owners Association, Gated
- Security: Gated with Guard, Gated Community
- Subdivision: IBIS POINT
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Golf Course, Pool
- Services included: Common Areas, Cable TV, Security
- HOA fee: $321 monthly
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $216/sqft
- Tax assessed value: $322,840
- Annual tax amount: $2,188
- Date on market: 8/7/2025
- Cumulative days on market: 167 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/25/2025 | Sold | $370,000-5.1%$216/sqft |
Source:  BeachesMLS #R11064854 Report a problem | ||
| 8/24/2025 | Pending sale | $389,900$228/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 8/19/2025 | Price change | $389,900-2.5%$228/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 8/7/2025 | Listed for sale | $399,900$234/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 7/28/2025 | Pending sale | $399,900$234/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 7/26/2025 | Listing removed | $399,900$234/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 7/17/2025 | Price change | $399,900-5.9%$234/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 6/20/2025 | Price change | $425,000-0.9%$248/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 4/7/2025 | Price change | $429,000-3.4%$251/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 2/21/2025 | Listed for sale | $444,000+103.7%$259/sqft |
Source: BeachesMLS #RX-11064854 Report a problem | ||
| 7/7/2017 | Sold | $218,000-2.7%$127/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20004267 Report a problem | ||
| 6/26/2017 | Pending sale | $224,000$131/sqft |
Source: Treasure Coast #RX-10317584 Report a problem | ||
| 5/10/2017 | Price change | $224,000-0.4%$131/sqft |
Source: Treasure Coast #RX-10317584 Report a problem | ||
| 4/24/2017 | Price change | $225,000-5.9%$132/sqft |
Source: Keller Williams - Treasure Coast #RX-10317584 Report a problem | ||
| 3/17/2017 | Listed for sale | $239,000$140/sqft |
Source: Keller Williams Realty #RX-10317584 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,110 -3.6% | $167,403 +2.9% |
| 2024 | $2,189 +3.3% | $162,686 +3% |
| 2023 | $2,119 +4.7% | $157,948 +3% |
| 2022 | $2,024 +1.2% | $153,348 +3% |
| 2021 | $2,001 +4.9% | $148,882 +1.4% |
| 2020 | $1,907 +1.7% | $146,827 +2.3% |
| 2019 | $1,875 | $143,526 +1.9% |
| 2018 | $1,875 +2.6% | $140,850 +14% |
| 2017 | $1,826 +14.5% | $123,550 +2.1% |
| 2016 | $1,595 | $121,009 +0.7% |
| 2015 | $1,595 | $120,168 +0.8% |
| 2014 | $1,595 | $119,215 +1.5% |
| 2013 | -- | $117,453 +1.7% |
| 2012 | -- | $115,490 -12.9% |
| 2011 | -- | $132,660 -2.6% |
| 2010 | -- | $136,200 -3.2% |
| 2009 | -- | $140,658 +0.1% |
| 2008 | -- | $140,565 +3% |
| 2007 | $2,459 +2.7% | $136,470 +2.5% |
| 2006 | $2,394 | $133,141 +3% |
| 2005 | -- | $129,263 +5% |
| 2004 | $1,807 | $123,158 |
| 2003 | $1,807 +2.4% | $123,158 +2.4% |
| 2002 | $1,764 +1.7% | $120,272 +1.6% |
| 2001 | $1,734 -3.8% | $118,378 -2.6% |
| 2000 | $1,803 +3.6% | $121,478 +2.5% |
| 1999 | $1,740 | $118,463 |
Find assessor info on the county website
Neighborhood: 34990
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Nearby schools
GreatSchools rating
- 10/10Citrus Grove Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$373,100
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Estimated market value
$373,100
- Florida
- Martin County
- Palm City
- 34990
- 3461 SW Bobalink Way
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